Insolvency Guardian Media Centre

Stay informed with the latest in insolvency news and industry updates. We can keep you up to date with insolvency and finance information from around the world.
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National COVID debts: climate change imperils countries’ ability to repay – Nature.com
The effects of Hurricane Maria in Dominica in 2017 caused millions of dollars worth of damage to the countrys economy.Credit:
Is Onkyo, Pioneer Heading For Bancruptcy As D Day Passes? channelnews – ChannelNews
As rumors of Onkyo s bankruptcy along with Pioneer, keep swirling around the industry and despite local distributor Ambertech struggling
Star Doubles Down On Asian VIP’s $32.8 Million Debt – The Florida Star
GOLD COAST, Australia The Star Entertainment Group has doubled down on its bid to sue an Asian billionaire who racked
Sovereign debt distress rise prompts Bretton Woods group action plan – Reuters
By Tom Arnold3 Min ReadLONDON (Reuters) - The Bretton Woods Committee has formed a working group of senior bankers, academics
Keys to African recovery: Vaccines, debt, and commodities – Atlantic Council
South African President Cyril Ramaphosa receiving a consignment of critical personal protective equipment (PPE) and other medical supplies. (Flickr/GovernmentZA/Government Communication
Pre-pack is ‘liquidation-remote resolution mechanism’, says IBBI chief – Times of India
NEW DELHI: The pre-pack framework for stressed assets under the insolvency law is a "liquidation-remote resolution mechanism" and will also
More Bankrupted Companies Opted For Reorganization, Not Liquidation, in 2020 – GlobeSt.com
Reorganization is now increasingly favored over liquidation, according to an analysis of COVID-era corporate bankruptcy filings by S&P Global Market
Altus introduces debt management services with 107m deal – PlaceTech
The acquisition of Finance Active was a strategic move by Altus after the amount of debt around the world hit
Struggling firms handed lifeline as Government extends Covid insolvency rules – Business Live
Struggling businesses have been handed additional assistance after the Government extended changes to insolvency laws that were brought in during
CORRECTED-Dutch travel company D-reizen declared bankrupt – Reuters
By Reuters Staff2 Min Read(Corrects to show D-reizen Dutch-owned since December 2020, paragraph three)AMSTERDAM, April 6 (Reuters) - D-RT Group,
D-reizen, Dutch subsidiary of German travel company bankrupt – Devdiscourse
D-RT Group, the parent of Dutch tour operator D-reizen, has been declared bankrupt, a court spokesman said on Tuesday, potentially
IMF Cancels Debt Payments For Poorest Countries As Yellen Calls For Boosted Covid Relief – Forbes
Topline The International Monetary Fund announced Monday it would not ask 28 of the worlds poorest countries to make debt